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Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics.Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, or other computational methods.
Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, journal articles, and software components. [1] The project started in 1997. [2]
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
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A 12th grade visual arts class in Scott County, Virginia in the United States. Twelfth Grade (also known as 12th Grade, Grade 12, Senior Year, Standard 12, 12th Standard, Class 12 or 12th Class) is the twelfth and final year of formal or compulsory education. It is typically the final year of secondary school and K–12 in most parts of the ...
Constant elasticity of substitution (CES) is a common specification of many production functions and utility functions in neoclassical economics.CES holds that the ability to substitute one input factor with another (for example labour with capital) to maintain the same level of production stays constant over different production levels.
In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs. [1] Under some simplifying assumptions about the production technology, growth in TFP becomes the portion of growth in output not explained by growth in traditionally ...
The Economics department of UC Davis was also ranked 6th among public universities and 20th nationally according to the RePec (Research Papers in Economics) Rankings in 2011. [118] In 2013, The Economist placed UC Davis Graduate School of Management in the top 8% accredited MBA programs in the United States (ranked 37th nationally and 65th ...